Pentagon Fails Audit (yet Again!) – $35 TRILLION still MISSING

Pentagon “loses” 50 cents of every dollar allocated by congress.

The Free

December 31, 2021 by Dave Lindorff

The Pentagon’s $35 Trillion Accounting Black Hole

The Pentagon failed its audit amid a now $35 trillion scandal (yes, trillion) – Lee Camp

That’s what should have been the biggest news of 2021.

Instead, the story, which broke on November 17, was largely ignored or buried.

The nation’s two main newspapers, the Washington Post and the New York Times, have simply ignored it.

Cold War is good for business: US contractors rejoice at the new Red Scare

Other news organizations stenographically quoted Pentagon officials as admitting that they “failed again” but saw “progress,” and as promising that they would achieve a “clean” audit by… get this … 2027.

guih

The Pentagon, with some $3 trillion (give or take a trillion but who’s counting?) in assets and a record current 2021 budget of $738 billion, has for the third year in a row failed its audit.

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